McElroy v. Harnack

Citations

• 213 Pa. 444
• 63 A. 127
• 1906 Pa. LEXIS 503

Syllabus

<p>Conspiracy — Trespass—Fraud—Joint tort feasors.</p> <p>In an action of trespass to recover damages for losses alleged to have been caused by a conspiracy among the four defendants, a verdict and judgment will not be set aside as against two of the defendants who were stockbrokers, where it appears that the brokers with one of the other defendants organized a corporation, issued bonds of the company in an amount thirty times the value of its property, and that the brokers by washed or fictitious sales on the stock exchange gave the bonds a high market value, and thus enabled the other two defendants to borrow large amounts of money thereon from the plaintiffs.</p>